Let the production function be q = ALaKb. Returns to scale are equal to
A) a b.
B) a + b.
C) La + Kb.
D) A L.
Question 2
There are two consumers in the market, Jack and Jane. Each have some coffee and candies (coffee on the horizontal axis). Jack's MRS of candies for coffee is 3. Jane's MRS of candies for coffee is 3.
Which one of the following statements is incorrect? A) This allocation is on the contract curve.
B) This can be a competitive equilibrium.
C) This allocation is Pareto efficient.
D) We can reallocate goods so as to make one person better off without harming another.
Herbivore biomass is positively correlated with net aboveground primary production.
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
The pH scale is logarithmic. A low pH indicates acidic conditions, whereas a high pH indicates ...
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Differentiation of Inverse Trigonometric Function
Prove that each of the following real functions f has a discontinuity. For each function, ...